Goa’s land registration department undervalued properties

Goa’s land registration department undervalued properties
02/02/2019 , by , in News/Views

The Public Accounts Committee (PAC) for 2017-19 has condemned the land registration department for not forming a special committee in a time-bound manner for valuation of lands of over 1 lakh sqm.

The PAC has said that the laxity can allow vested interests to get away with transfer of lands at way below the stipulated minimum rate, depriving the state of revenue.

The PAC has asked for status of cases where land was thus undervaluated and below minimum rate of tax levied from 2009, taluka-wise for all lands above 1 lakh sq m. The panel noted that the notification for the special committee came in 2009, but the committee was constituted only in 2013.

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